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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Assisted living facilities
715 Hbr St New Castle, PA 16101-2011
Entity Owned
1-yr Hold
Free & Clear
Property ID
US73-3514683
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Total area
13,100 SF
Lot
2.19 ac (95,396 SF)
Zoning code
RES
APN
06-041000
UPID
US73-3514683
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Grove at New Castle Nursing Home
-
Overlook Nursing Center Associates Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
New Castle Property Management LLC · 1 yrs held
New Castle Property Management LLC
since 2024
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
RES · New Castle, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Castle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Castle submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,940,000
ML approach
$1,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,535,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,485,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10% · vs last sale $1.94M (Nov 20 2024)
Last sale anchor
$1.94M
Nov 20 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$148 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,623
Tax year 2023
Assessed value
$964,600
Assessed 2024
Previous assessed
$964,600
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$71,400
Assessed improvement
$893,200
Land market value
$71,400
Improvement market value
$893,200
Total market value
$964,600
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Heating
NONE
Buildings
4
Stories
1
Total area
13,100 SF
Lot
2.19 ac (95,396 SF)
Zoning code
RES
APN
06-041000
UPID
US73-3514683
Jurisdiction
LAWRENCE
Zoning & alternative use
RES · New Castle, PAZoning RES · permitted uses
RES · New Castle, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Stories
1
Buildings
4
Lot
2.19 ac
Current owner
From public records · entity-resolved
New Castle Property Management LLC
Entity
Free & Clear · 1 yrs held
Mailing address
600 BROADWAY UNIT E, LYNBROOK, NY 11563-3980
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
$1,940,625
New Castle Property Management LLC
Maybrook-c Silver Oaks Propco LLC
Special Warranty Deed
—
Oct 1, 2024
—
Maybrook-c Silver Oaks Propco LLC
—
Deed
related
$38,000,000 · Cibc Bank USA
Jun 6, 2018
—
Maybrook-c Silver Oaks Propco
—
Loan Modification
related
$114,700,000 · Cibc Bk USA
Aug 17, 2016
$913,822
Maybrook C Silver Oaks Propco LLC
Overlook Nursing Center Associates
Special Warranty Deed
—
Jun 28, 2011
—
Overlook Nursing Center Assocs
—
Deed Of Trust
related
$86,600,000 · Capitalsource Bank
—
—
Overlook Nursing Center Assocs
—
Deed Of Trust
related
$4,500,000 · Cse Mortgage LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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